Courses

Introduction:

The Reserve Bank of India (RBI) is India's central banking institution, which controls the monetary policy of the Indian rupee. It commenced its operations on 1 April 1935 during the British Rule in accordance with the provisions of the Reserve Bank of India Act, 1934.[6] The original share capital was divided into shares of 100 each fully paid, which were initially owned entirely by private shareholders.[7] Following India's independence on 15 August 1947, the RBI was nationalised on 1 January 1949.

The RBI plays an important part in the Development Strategy of the Government of India. It is a member bank of the Asian Clearing Union. The general superintendence and direction of the RBI is entrusted with the 21-member Central Board of Directors: the Governor, 4 Deputy Governors, 2 Finance Ministry representatives, 10 government-nominated directors to represent important elements of India's economy, and 4 directors to represent local boards headquartered at Mumbai, Kolkata, Chennai and New Delhi. Each of these local boards consists of 5 members who represent regional interests, the interests of co-operative and indigenous banks.

Grade B Officers

Eligibility: 

Age Limit: 21 years - 30 years .  

Educational Qualification. A minimum of aggregate 60% marks (50% in case of SC/ST/PWD) or an equivalent grade in Bachelors degree as well as in 12th (or Diploma or equivalent) and 10th standard examinations. 

Pay Scale: Selected Candidates will draw a starting basic pay of Rs. 35,150/- p.m. in the scale of Rs. 35150-1750(9)-50900-EB-1750(2)-54400-2000(4)-62400 applicable to Officers in Grade B and they will also be eligible for Dearness Allowance, Local allowance, House Rent Allowance, Family allowance, and Grade Allowance as per rules in force from time to time. At present, initial monthly Gross emoluments are approximately Rs. 67,933/-.



Exam Pattern: 

Preliminary Examination (200 Marks):  The Paper consisted tests of (i) General Awareness (ii) English Language (iii) Quantitative Aptitude and (iv) Reasoning, with a composite time of 120 minutes.

Subject

No. Of Questions

Marks

General Awareness

80

80

Maths

30

30

English

30

30

Reasoning

60

60

Total

200

200


Main Examination:

Descriptive Type Test

Marks

Duration

Paper 1 – English (Writing Skills)

100

 1 ½ Hours

Paper II – Economic & Social Issues

100

 1 ½ Hours

Paper III – Finance & Management

100

 1 ½ Hours

Total

300

200

 

Interview (50 marks): Candidates were shortlisted for the interview, based on aggregate of marks obtained in Phase-II (Paper-I +Paper-II +Paper-III). Candidates were given the option to opt for interview either in Hindi or English. Final Selection was through merit list which will be prepared by adding marks secured by candidates in Phase-II examination and interview.

Application Fees: 

Sr. No.

Category

Charges

Amount *

1.

SC/ST/PWD

Intimation Charges only

Rs.100/-

2.

GEN/OBC

Application fee including intimation charges

Rs.850/-

3.

STAFF@

Nil

Nil



TO KNOW MORE ABOUT RBI GRADE B 2017 NOTIFICATION CLICK HERE

RBI Assistant:

The New RBI Assistant Exam Pattern

According to the revised scheme of RBI Assistant Exam Pattern for 2016 Recruitment, the online examination will be conducted in two phases, i.e. Preliminary and Main examination. Candidates who qualify in Preliminary examination will be shortlisted for the Main examination. Your selection will be decided on the basis of Mains examination, only.

The new pattern is as follows:

I. Prelims:

Name of Tests

No. of Questions

Max. Marks

Total Time

English Language

30

30

1 Hour

Numerical Ability

35

35

Reasoning Ability

35

35

II. Mains Examination:

Name of Tests

No. of Qs

Max Marks

Total Time

Reasoning

40

40

2 Hours

English

40

40

Quantitative Aptitude

40

40

General Awareness

40

40

Computer Awareness

40

40

Total

200

200

The Mains exam will be conducted within 2-3 weeks of the Prelims paper.

 


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